Country: Asia Pacific Page 322 / 500
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- February 12 2020
IAG’s H1 profits fall 43% as Harmer raises climate fears
The firm is now expecting A$850m of nat cat costs this year, up from A$715m in January.
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- February 12 2020
Marsh reveals buoyant Q4 Asia price increases
Global commercial pricing increased for the ninth consecutive quarter.
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- February 12 2020
China’s Huize completes US$55m Nasdaq IPO
The online broker was originally looking to raise as much as US$150m.
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- February 12 2020
Suncorp’s nat cat challenges remain amid H1 sales’ profit boost
The insurer is running out of reinsurance nat cat cover as it reveals H1 profit increase.
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- February 12 2020
MS&AD to promote Noriyuki Hara to top role: report
The chief executive of Mitsui Sumitomo is in line to lead the international major.
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- February 11 2020
Chaucer’s Margaret To sees energy sector bounce back
Rates are hardening and the future is bright at Lloyd's Singapore argues the CEO.
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- February 11 2020
Australia’s Townsville floods were US$832m property loss: Perils
The 2019 disaster brought record-shattering rainfall and the highest payout since the Brisbane Floods.
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- February 11 2020
Chubb’s Longmore switches digital role for Indonesia GI president
He replaces Tai Kuan Ly who is staying at the US giant.
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- February 10 2020
China and HK’s life firms face headwinds amid growth
Premiums increased robustly in 2019 but valuations to be impacted by coronavirus and stockmarkets.
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- February 10 2020
Prudential seeks full control in China: report
British insurer is in a joint venture with Citic and any move would follow regulatory changes.
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- February 10 2020
Flooding and Cyclone Damien add to Australian insurers’ woes
The storm and other downpours will bring more claims but could help contain the bushfires.
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- February 10 2020
Australia’s ProRisk signs binder deal with Swiss Re CorSo
The move replaces Lloyd's paper at the underwriting agency.
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- February 7 2020
MS Amlin shake-up comes to Asia
A more hands-on approach is needed as Will Ho takes on leadership.
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- February 7 2020
Indonesia relaxes foreign ownership, steps up bailout
Capital injections easier as a holding company is set-up to allay market fears.
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- February 7 2020
Japan and Singapore team up for Asia nat cat risk scheme
The protection programme will support lower income countries.
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- February 7 2020
Scor reduces China exposure and reveals Hagibis hit
The French giant also revised its Typhoon Faxai impact and cut its P&C global 1.1 renewal book.
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- February 7 2020
Prudential appoints emerging markets, Singapore CEOs
Wilfred Blackburn moves back to Hong Kong and Dennis Tan joins from OCBC Bank.
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- February 6 2020
Hannover Re’s renewals boosted by APAC growth
The German player has "substantially" increased P&C positions with stable pricing and conditions.
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- February 6 2020
China’s majors to post large 2019 profits amid coronavirus
Expect some stellar profit increases after tax cuts and higher investment returns.
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- February 6 2020
8 insurers charged with violating Philippine Competition Act
Entities found to have entered into anti-competitive agreements to face fines.
